If the US and Israel resume strikes, how will Iran respond? Bombing Gulf oil fields with hundreds of missiles daily and blocking the Mandeb Strait once again.

Experts say there will be no prolonged conflict, but rather a "short and intense" campaign — dozens or even hundreds of missiles launched daily targeting oil fields and ports in the Gulf, dragging Saudi Arabia and the UAE into the war. Not enough? The Strait of Mandeb could then be blockaded, further disrupting global trade routes. This is Iran's prepared response.

Golden10 Data15:10

"NACHO trades" are gaining popularity! Following Goldman Sachs, Bank of America also believes that oil prices will remain at the high level of $90 this year.

The deadlock in the Hormuz crisis persists, with Goldman Sachs and Bank of America successively setting their year-end Brent crude oil price target at $90 per barrel. The head of Bank of America research has further warned of a daily supply shortfall of up to 15 million barrels. June has been identified by multiple institutions as the "tipping point": if the blockade continues, oil prices may surge beyond $130 per barrel, pushing the average U.S. gasoline price close to the $5 per gallon threshold for demand destruction, coinciding with the peak summer driving season.

wallstreetcn08:53

Canada's Inflation Rate Accelerates to 2.8% as Iran War Pushes up Gasoline Prices

Yahoo Finance24minutes ago

Oil Little Changed as Traders Await Breakthrough in U.S.-Iran Negotiations -- Market Talk

WSJ20:25

Express News | G7 Finance Ministers' Statement: Reopening the Strait of Hormuz is imperative. Remain committed to maintaining energy market stability.

Breakings19:58

Dow Jones Top Energy Headlines at 7 AM ET: Oil Prices Drop After Trump Calls Off Iran Attack. U.S. Extends Russia Crude Waiver. | Statkraft ...

Dow Jones19:00